1,511,500 Shares in Five Star Bancorp $FSBC Bought by Davis Asset Management L.P.

Posted by Brian Himes on Aug 23rd, 2026

Davis Asset Management L.P. acquired a new stake in Five Star Bancorp (NASDAQ:FSBC – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,511,500 shares of the company’s stock, valued at approximately $73,595,000. Five Star Bancorp comprises approximately 1.9% of Davis Asset Management L.P.’s investment portfolio, making the stock its 19th biggest position. Davis Asset Management L.P. owned about 6.16% of Five Star Bancorp as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. State of Wyoming acquired a new position in shares of Five Star Bancorp during the 2nd quarter worth about $27,000. Russell Investments Group Ltd. acquired a new stake in shares of Five Star Bancorp in the 2nd quarter valued at approximately $34,000. Quarry LP acquired a new stake in shares of Five Star Bancorp in the 3rd quarter valued at approximately $40,000. State of Alaska Department of Revenue boosted its stake in Five Star Bancorp by 154.6% during the 4th quarter. State of Alaska Department of Revenue now owns 2,177 shares of the company’s stock worth $77,000 after acquiring an additional 1,322 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Five Star Bancorp during the 2nd quarter worth approximately $64,000. Institutional investors and hedge funds own 46.94% of the company’s stock.

Insider Transactions at Five Star Bancorp

In other Five Star Bancorp news, Director Judson Teichert Riggs purchased 2,273 shares of the stock in a transaction on Wednesday, July 22nd. The shares were purchased at an average cost of $44.00 per share, for a total transaction of $100,012.00. Following the purchase, the director owned 87,531 shares of the company’s stock, valued at approximately $3,851,364. This represents a 2.67% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kevin Francis Ramos purchased 5,682 shares of the business’s stock in a transaction on Wednesday, July 22nd. The shares were acquired at an average cost of $44.00 per share, for a total transaction of $250,008.00. Following the completion of the transaction, the director directly owned 177,546 shares in the company, valued at approximately $7,812,024. This represents a 3.31% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders acquired 142,727 shares of company stock worth $6,279,988. 21.79% of the stock is owned by insiders.

Five Star Bancorp Stock Up 0.2%

NASDAQ:FSBC opened at $45.15 on Friday. The company has a market cap of $1.11 billion, a P/E ratio of 13.36 and a beta of 0.53. Five Star Bancorp has a twelve month low of $30.68 and a twelve month high of $50.26. The business has a 50 day moving average price of $47.19 and a two-hundred day moving average price of $42.61.

Five Star Bancorp (NASDAQ:FSBC – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.05. The company had revenue of $47.95 million for the quarter, compared to the consensus estimate of $47.72 million. Five Star Bancorp had a net margin of 25.92% and a return on equity of 15.92%. As a group, analysts anticipate that Five Star Bancorp will post 3.52 earnings per share for the current fiscal year.

Five Star Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Monday, August 3rd were given a $0.25 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 2.2%. Five Star Bancorp’s dividend payout ratio (DPR) is 29.59%.

Analysts Set New Price Targets

Several equities research analysts have commented on FSBC shares. Stephens set a $51.00 target price on shares of Five Star Bancorp in a research note on Monday, July 27th. Keefe, Bruyette & Woods lifted their price target on shares of Five Star Bancorp from $41.00 to $43.00 and gave the stock a “market perform” rating in a research report on Friday, May 1st. Zacks Research lowered shares of Five Star Bancorp from a “hold” rating to a “strong sell” rating in a report on Thursday, July 30th. Weiss Ratings upgraded shares of Five Star Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, August 11th. Finally, DA Davidson raised their price objective on Five Star Bancorp from $53.00 to $55.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Five Star Bancorp presently has a consensus rating of “Hold” and an average target price of $45.20.

Check Out Our Latest Analysis on Five Star Bancorp

Five Star Bancorp Company Profile

(Free Report)

Five Star Bancorp, Inc is the bank holding company for Five Star Bank, a community-focused financial institution serving retail and commercial customers primarily in Upstate New York. Headquartered in Rochester, the company provides a range of banking and financial services designed to meet the needs of individuals, families and businesses throughout its regional footprint.

The company’s core business activities include deposit services—such as checking, savings and money market accounts—alongside consumer and mortgage lending.